Controlled Foreign Companies (CFC) laws are a complex and constantly changing area of legislation that requires business owners to pay close attention. If you own or are a beneficiary of a foreign company, you need to consider many details: from the correct preparation of reports to optimizing the company structure.
Failure to comply with CFC requirements can result in significant financial penalties, legal disputes, and damage to reputation. Our goal is to lift these burdens off your shoulders and provide effective solutions to ensure full compliance with the law. We work with both small and medium-sized business owners and large international companies.
CFC Reporting Audit
We will conduct a detailed analysis of your company's current reports. We help identify discrepancies, minimize tax risks, and prepare documents in strict compliance with regulations.
CFC Report Preparation
Preparing and submitting CFC reports is one of the most challenging tasks for business owners. Our specialists take full responsibility for preparing the reports and meeting deadlines.
Consultations and Custom Strategies
We begin our collaboration with a consultation, where we discuss your situation in detail. Based on the analysis, we provide specific solutions: optimizing the company structure, managing tax risks, or other services tailored to your needs.
CFC laws aim to control tax revenue and ensure business transparency. Violating these norms can lead to serious consequences, including:
We handle all the complexities so that you can focus on growing your business without worrying about tax and legal risks.
Contact us right now to get a consultation and find out how we can help you manage CFC-related tasks.
Maksym Stepanenko
Managing Partner, Crystal Tax
Managing international client projects since 2012: corporate structuring, taxation, immigration, company registration, bank accounts and compliance, DUNS and NCAGE registrations. Practising in 50+ jurisdictions, advising in Ukrainian and English.
Our advantages
Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.
Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.
We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.
We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.
We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.
We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.